This is good news if you’re in your 50s. Every dollar you save and invest this decade will DOUBLE by the next. Plus, in your 50s, you are likely to have a higher income and more focus than you did in your twenties meaning you can save WAY MORE DOLLARS than you were just a punk kid. So don’t think “it’s too late”, look at the benefit of doubling your money and being able to save more!
That said, it’s even BETTER news if you’re younger! Your money still has time to 4x, 8x, or 16x! And if you’re one of those enterprising babies working a 9-5 to bring home the bacon, ever dollar YOU save and invest will go up 64x by your 60s! Good job babies!
As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.
-Jeremy
